The failure of the two banks raised the speculation of an imminent credit crunch that would slow down lending and spending across the economy, easing further inflation pressures in the months ahead.
Apple's EVA is currently standing at 30.18%, up from 7% in 2017, while Google's EVA is currently at 22%, up from 9% over the same period.
All three major indexes ended the week with hefty losses, including a close to 5% decline for the S&P 500 and the tech-heavy NASDAQ.
For years, Silvergate Capital Corporation and SVB Financial Group were the most favored financial stocks of the momentum crowd on Wall Street, chasing after their shares that headed to the moon.
The advancement of artificial intelligence is having a major impact on the way companies do business in the modern economy.
Traders and investors will better understand what the Federal Reserve plans to do with interest rates next week when Chairman Jerome Powell testifies Wednesday to the House.
Walmart is the big winner of a "trading down" retail market beating Target and Costco.
The comeback of China's economy could be a game changer for the commodities market.
These days, Wall Street headlines on the U.S. economy are all inflation numbers, substantial job gains, robust retail sales, and persistent income and consumer spending growth.
Microsoft and ChatGPT may already have the early-mover advantage in developing AI models that promise to change Internet search and transform digitalization. But Google's Bard may eventually win the race, as the search engine leader has the core competencies and the synergies to bring AI to the masses.
The U.S. economy is still growing. Americans find it easy to get jobs. The unemployment rate hovers at a 50-year low. Yet, half of Americans feel worse rather than better off.
Chipotle's recent price hikes on burritos could prove more costly than the company expected.
Disney is adjusting its business strategy under returning CEO Bob Iger, and it's working.
Beijing's growing aggression is said to be a stark reminder to the world of the worst days of the communist legacy.
Luckin's business model has helped the start-up coffee chain become the largest retailer of brewed coffee in China.
Apple and Google are strong brands with a broad range of products and services that can help them weather economic downturns better than other tech companies.
The earnings reports for S&P 500 companies in Q4 of 2022 has held a mixed bag of results so far.
Here's what a hot labor market means for economic growth, inflation, and interest rates.
Investors keep on misreading and fighting the Fed these days, going against an old Wall Street Adage.
Despite a red hot job market, more and more middle class Americans are living paycheck to paycheck.
Meta has been in a perfect storm for quite some time brewed by Apple's privacy policies. Then there's competition with TikTok for younger users.
The Federal Reserve's decision to cut back on interest rate hikes showed a slight shift in policy for the central bank.
The January Labor Market Report is expected to reflect the mass layoffs by tech firms.during a tight job market.
The PRC Navy has bolstered its presence in the disputed Strait waters in recent months.
Long-running tech firms IBM and Intel are struggling under the current climate of "creative destruction" of the industry.
After rallying for a couple of weeks in hopes of a soft landing, Wall Street will get another chance to find out the nation's monetary policy direction.
For years, movie theaters' popularity with movie-goers has seen a secular decline due to the rise of home theaters and video-streaming services from Netflix and the like.
Tech Stocks Keep Rallying On Tesla Earnings, Soft Landing Hopes—What's Next?
The showdown over the U.S. debt ceiling could have catastrophic consequences for investors and markets.
Once viewed as a threat to Google, ChatGPT could prove to be a savior to the tech giant's ongoing legal issues.
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